b. You are a financial advisor to Tech Sports Limited, a sporting goods manufacturer. You have been asked to review the following information to determine if any adjustments need to be made to the financial statements. Required: - advise whether any adjustments are required to 1 and 2. below and if so, prepare the relevant General Journal entries. 1. During the financial year ended 30 June 2021, the company developed a new robotics cricket bowling machine "Stark 1". The costs incurred were $3.5M on salaries and $1.7M on engineering and software costs. This project is incomplete and not yet operational. These costs have been capitalised as "Logistics Software" as an intangible asset. (7 marks) 2. You have reviewed Tech Sports intangible assets. You have identified an intangible asset 'Goodwill', which has a carrying value at 30 June 2021 of $3.5M which was determined to have suffered an impairment loss of $1.5M. (8 marks)